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20130101
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Search Results 0 to 25 of about 26 (some duplicates have been removed)
.s. congress on how to avoid the so-called fiscal cliff. earlier, president obama spoke on how to avoid the budget crisis. and turkey's prime minister has said the war in syria will soon be over. he made the comments as he visited refugee camps on the turkish border. protesters in india who have been calling for harsher punishments for rapists have been holding a candlelit vigil in the capital the they gathered in new delhi -- delhi to mourn the death of a 23-year-old gang rape victim. the attack on her earlier this month throwed nypd protests. six suspects have been charged with murder after she died sunday. she had been receivering medical attention in spinning. the -- in singapore. she's been cremated. rebels in the central african republic are reported to be only one town away from the capital. the army was forced to retreat when the rebels advanced on saturday. they already have control of four other regional capitals in both the north and center of the country. rebels have rejected offers to negotiate. there's been more violence in iraq where sunni muslims are continuing to demons
exchange." i'm kelly evans. >> and i'm louisa bojesen opinion. >>> president obama calls congress back to the capital. >>> investors are bracing for the final eurozone bond sale of the year. italy is expected to see solid demand when it sells up to 6 billion euros of longer dated paper today. >> and japan's finance ministers saying other countries have no right to lecture japan on its currency policy instead calling for the u.s. to seek a stronger dollar. >>> let's take a quick check of the u.s. markets. the dow, nasdaq and s&p 500 down four days in a row something on the average of 2% when it come to the nasdaq. we're seeing pointed arrows this morning, again. looking to shed three or four points at the open, similar small decline seen for the nasdaq and for the s&p. most are still well in the green for the year, although december will be a down month unless the nasdaq can turn it around quickly. european bourses, the ftse 100 just barely lower, though, not moving too much. the xetra dax is an underperformer, down about .3%. the cac 40 also a mirror image of what we saw yesterday. the
will have everybody yunited against the white house and congress but i believe that obama still has an upper hand here because he has shown in a sense -- i mean, one, he's more ability to help forge a deal. the republicans can't make up for the loss they have had in public perception over this tax and spending issue. it's too hard, too far to go. too much resistance from within their own ranks. >> talking about plan "b" and being the epic failure of not being sent to the floor for votes, does that take in to question whether or not john boehner could get anything done if over in the senate mitch mcconnell and harry reid craft something? >> no. it does raise the question. that was a blunder by republicans and boehner and obama were moving closer and boehner went and gambled and lost and now the pressure's on the senate. i think anyone that could pass the senate probably could pass the house because if it passes the senate, it's 10 to 20 republican senators. mitch mcconnell, up for re-election. will he craft a deal with harry reid? that's dicey. whatever bill is passed, may not be that popular
moment for the united states economy, if president obama and the congress can't agree on a deal to keep the country from plunging over that fiscal cliff. here's what both sides are considering in a potential deal right now. an increase in tax rates for families making over $450,000 a year. extending unemployment benefits. and an increase in the estate tax. the president seemed hopeful but cautious when he addressed the american people earlier today. >> today, it appears that an agreement to prevent this new year's tax hike is within sight. but it's not done. there are still issues left to resolve. but we're hopeful that congress can get it done. but it's not done. >> let's get straight to our chief white house correspondent jessi jessica yellin. she's over at the white house with the very latest. the president seems pretty optimistic that it's within a few hours we could have a deal, right? >> reporter: wolf, the people i just spoke to here say they are no more or less optimistic than they were this morning. which is to say they are not cueing the confetti just yet. senator mitch mcconn
nature of the problem. host: mavericks'writes -- guest: actually not. mr. obama had a democratic congress when he came in, 60 votes in the senate, which , amount-- senator brown had won in massachusetts. but he started out with 60 and then it went down to 59 when senator kennedy and sadly died. i really admired senator kennedy as much as any man who ever served in the senate, even though we did not agree. mr. reagan had to deal with tip o'neill. that was one of the great events in washington politics because you had two extraordinarily capable politician opposing points of view. mr. reagan was poorly matched. mr. obama had nancy pelosi as speaker of the house. but hardly the same thing. host: from massachusetts on the line, democrat. caller: good morning. i have a comment and question. i am trying to find out, the situation you're in right now, why is everybody fighting about what we should do? i am gmt and i am broke every day. i'm down here with people that paid taxes and work hard every day. -- i am an emt. people don't understand that would ever happens with the fiscal cliff, people d
-racking for millions. president obama said a deal was in sight, but he slammed congress for stalling and for failing to reach a broader agreement. sources say the senate will try to vote tonight. we're not going to have a house vote tonight because the house has already adjourned until tomorrow, noon eastern time, which means we will not be able to solve this problem fully tonight if it gets solved at all. that's still not entirely clear. let's go to jessica yellin. if you've been watching over the last several hours, you get conflicting information. is there a deal or not? >> the white house is optimistic there will be a deal. republicans in the senate are confident there will be a deal. senate democrats are still holding out for more changes in this deal. and so right now, there's still that last haggling over certain sticking points that democrats want to see in this negotiation. and it's one of the reasons we understand that vice president biden is set to go up there. now, that's once the deal is done and sealed. the reason the vice president would go up there, it's to sort of sell the deal, bas
legislation in the congress. look, he blames everything but guns, movies, the media, president obama, gun-free school zones, you name it, the video games, he blames them. now, trying to prevent shootings in schools without talking about guns is like trying to prevent lung cancer without talking about cigarettes. he is so adamant that i believe gun owners turn against him as well. look, he says the only way to stop a bad guy with a gun is a good guy with a gun. what about trying to stop the bad guy from getting the gun in the first place. that's common sense, most americans agree with it and i just think he's turning people off. that's not where america is at and he's actually helping us. >> senator graham, there are nra supporters, colleagues in the senate who are saying, look, let's not just make this a conversation about kbguns, it's got to be a broader conversation but i heard wayne lapierre say, no, he will not sign on to any new gun legislation. do you believe him? >> i don't think there's anybody in the country that doesn't feel sick in their stomach. i can't imagine a worse situati
for a possible plan on taxes and spending. president obama was on "meet the press of" today saying the pressure is on congress to make a deal. he was optimistic, but he said that they cannot come to an agreement, he wants the senate majority leader to introduce legislation to make sure middle class taxes stay where they are. live coverage of the senate on c-span2 when the gavel in. the house out to woodcock with the boats as early as 6:00 looking at a number of legislation from veterans to foreign aid. you can watch the house live here on c-span. >> republican olympia snowe from maine is also retiring at the end of the 112th congress after three terms. next, her farewell address. it is about 35 minutes. >> i rise today with an infinite appreciation for the institution of the united states senate as well as a profound sense of gratitude. as i prepared to conclude my 18 years in the senate and my nearly 40 years in elected office on behalf of the people of maine. madam president, it has been difficult to envision the day when i would be saying farewell to the senate. just as it was impossible to
in this area for the second term of president obama? >> i think we still have split control of congress said there is a limit to what he can do on his own. he will try to use the regulatory process and executive authority like he daid to do wht he can, but he can't appropriate money. i think there are some things that members of congress will agree with. use the regulatorydisclosure does not c, were very little money, it is likely to be favored by both sides. the reauthorization of the higher education act. it might not happen on time, if we look at the last authorization that was supposed to happen in 2003, they had 13 extension bills. take that long't this time around. there will be a lot of proposals for major changes. then by redesign the student loan programs. they might redesign the grant programs. it is worth commenting on >. >> i know that there is certainly aware of it. they have been hearing about this problem, that is one thing that does not require congressional action. the consumer financial protection bureau is the new game in town. people don't think of them as a federal loan
>> what do we expect in terms of movement in this area for the second term of president obama? >> i think we still have split control of congress said there is a limit to what he can do on his own. he will try to use the regulatory process and executive authority like he did to do what he can, but he can't appropriate money. i think there are some things that members of congress will agree with. disclosure does not cost money, were very little money, it is likely to be favored by both sides. the reauthorization of the higher education act. it might not happen on time, if we look at the last authorization that was supposed to happen in 2003, they had 13 extension bills. i hope it doesn't take that long this time around. there will be a lot of proposals for major changes. then by redesign the student loan programs. they might redesign the grant programs. it is worth commenting on. >> i know that there is certainly aware of it. they have been hearing about this problem, that is one thing that does not require congressional action. the consumer financial protection bureau is the new game in t
. >>> the deadline to avoid the fiscal cliff is just a week ago. on fri, president obama said he still hoped to work out a deal to keep taxes for 98% of americans from going up on the first of january. but both sides aren't talking and congress is in recess until after christmas. republicans aren't holding out any hope for a deal. >> i would hope that we would have one last attempt here to do what everyone knows needs to be done, which is a larger plan that really does stabilize the debt and get us moving in the right direction. >> if we get down to the end of this year and the oil only choice we have is to save taxes going up on the middle class, then i would support that. but i wish we had a comprehensive bill that dealt with spending and entitlement altogether. >> i believe the president senses a victory at the bottom of the cliff. >> some finger pointing. other republicans are now looking past new year's day to the next battleground. >> i will raise the debt ceiling only if we save medicare and social security and prevent this country from becoming greece. no more borrowing without addressing wh
when they come back into session for the 113th congress. what's really interesting about this is former governor mark sanford who for a time was very popular republican. he fought president obama's administration on the stimulus program. he had a lot of different things that had him really in high regards in conservatives. then he had an affair. >> ifill: but he's running against or looking... >> jenny sanford his ex-wife hassles expressed interest in this house seat. what's very interesting about this in addition to the fact that they were once married and he had this affair and went public and ended up leaving the governor's race in a bit of disgrace and under investigation for using state funds for meeting his miss stress. he held this seat for three terms. this is a district he's familiar with. she was actually his campaign manager when he held this seat in the late 1990 as and into 2002 when he was elected as governor. neither of them are backing away. both of them have said they're interested. they haven't officially declared. he's got more than a million dollars in the bank left
. thank you very much, everybody. >> president obama talking about a possible up or down vote if congress cannot come to an agreement that both houses can agree on. after his meeting earlier today we heard from senate majority leader harry reid and mitch mcconnell and let's hear what they had to say from the floor of the senate. >> what plans we were talking about is that everyone knows we've been to the white house, we had a constructive meeting. we hope that something will -- positive will come out of that. we're working to see what we can come up with. we shouldn't take a long time to do that. i think it would be to everyone's interest that we're not in session tomorrow. my plan to come in at 1:00, we have an hour in our previous agreement that we have. there's an hour of debate, we will have a vote, we have another vote that has been set up. >> you're talking about sunday, right? >> sunday, right. the vote will start a little after 2:00 and for us we're going to have another caucus following that. hopefully by that time we will make that determination senator mcconnell and i will do s
in terms of this area of obama poses second time? i think we still have split control of congress so there is a limit of what he can do on his own. if anything, he would try to use executive authority which to do what he can. he could that regula authority. only congress can. i think there are some things members of congress will appoint with. improving disclosure does not cost any money. that is likely to be approved a both sides. it might not happen on time, there is an automatic one-year extension. they have 13 extension bills handed the finally occurred in 2008. i hope it does not happen this long. there are a lot of proposals for major changes. they my redesign this to the alarm program so interest rates are long-term. they might redesign the print programs. they might cut some and grow others. a lot could examine item to of the next few years. >> on the department of education said, i do think it will work on the operational miss and hope. they are certainly aware of it and hope it is really important what they have been hearing about this program so much. as professional actio
-war movement in congress. and we told you earlier that lisa jackson has announced her decision to leave the obama administration in january. a little bit of her statement -- "i want to thank president obama for the honor he bestowed on me and the confidence he placed in me four years ago this month when he announced my position as the environmental protection agency administrator. there is much more on the agenda -- air pollution, toxic channel -- a toxic chemicals, children's health issues, and justice for the committees to bear a disproportionate risk. i will leave the epa confident that the ship is sailing in the right direction and ready in my own life for new challenges, time with my family, and our person of jesus to make a difference. -- and new opportunities to make a difference. -- and new opportunities to make a difference." that is from lisa jackson, leaving the obama administration in january. >> whether it is different this time than it has ever been before, i believe the republican party has a platform that is a banner of bold, unmistakable colors and no pale shades. >> yo
the country's financial problems, president obama and kocongressional leade will meet this afternoon to hopefully avoid the fiscal cliff. one man in texas is not waiting for congress to act. he is doing his part to fix the country's finances and send a message as well. kyung lah has the story. >> reporter: in his unheated garage, 85-year-old garcia is working to fix the fiscal cliff. one can at a time. how much money have you sent the government? >> a little bit over $3,000. >> reporter: $3,197.88, to be exact. all tracked on a handwritten ledger. over the last three years, garcia has been paying the government $50 a month of his postal service pension and money from cans he collects. >> we're paying absolutely too much interest, too much interest. >> reporter: it really bothers you. >> it bothers me because it makes no sense. >> reporter: sense is something garcia's wife of 59 years thinks her husband could use. do you think he's crazy? [ speaking spanish ] >> uh-huh. >> reporter: call him crazy, but there's an entire federal office of bureau of public debt that collects money like
continue between congress and the white house. the house returns tomorrow at noon eastern. we will have coverage here on c- span. president obama spoke about the afternoon,ff this ev but in the agreement will not happen before tomorrow. his remarks are 10 minutes. >> happy new year to you. hello, everybody. thank you. please, everybody, have a seat. good afternoon, everybody. welcome to the white house. i realize that the last thing you want to hear on new year's eve is another speech from me. but i do need to talk about progress that is being made in congress today. for the last few days, leaders of both parties have been working on an agreement that will prevent the middle-class tax hikes hitting 90% of all americans starting tomorrow. preventing that tax hike has been my top priority. it is the last thing that folks like who are appear on this stage can afford right now, to pay an extra $2,000 in taxes. the middle class taxes cannot afford it -- middle-class families cannot afford it, and our economy cannot afford it. today it appears that an agreement to prevent this new year's tax
this to be possible. >> sequestration is designed to be painful. a penalty congress imposed on itself last year when the super economy failed to find $1.2 trillion of cuts to live w half are those are directed at the pentagon but president obama said today said the cuts can be offset by raising taxes on the rich. >> we have raised revenue by the wealthy paying a little bit more, that would be sufficient to turn off what's called the sequester, the automatic spending cuts and also have a better outcome for our economy long term. >> senator graham thinks it's possible to find $600 billion in cuts elsewhere to spare the defense department for the next decade but a bipartisan agreement probably can't be reached until february or march. >> thank you. >>> joining us now more on this, the military cuts, jack keene, retired 4 star general. thank you for being with us tonight. >> glad to be here. >> how do you get the job done of protecting the country with fewer resources? >> well, it becomes difficult. we've already had a $480 billion cut that's taken place in the defense department. most experts who look
Search Results 0 to 25 of about 26 (some duplicates have been removed)